Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 Chapter XB ISSUE OF SPECIFIED SECURITIES BY SMALL AND MEDIUM ENTERPRISES
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Minimum application value requirement: issuers must set an offer-document application threshold for SME specified securities to ensure minimum investment. Regulation 106Q requires issuers of specified securities by SMEs to stipulate in the offer document a minimum application size in terms of number of specified securities that the issuer may not fix below, creating a binding offer-document disclosure obligation on the issuer.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Minimum application value requirement: issuers must set an offer-document application threshold for SME specified securities to ensure minimum investment.
Regulation 106Q requires issuers of specified securities by SMEs to stipulate in the offer document a minimum application size in terms of number of specified securities that the issuer may not fix below, creating a binding offer-document disclosure obligation on the issuer.
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